Ascendas REIT

Ascendas Reit is Singapore’s first and largest listed business space and industrial real estate investment trust. As one of Singapore’s REIT pioneers, Ascendas Reit has played a crucial role in the development of the Singapore REIT sector, providing an attractive platform for investment in business park and industrial properties in Singapore.

Daily Markets Briefing: STI flat at 3,025.97; ST Engineering is top stock

ST Engineering posted the highest amongst top active stocks with a 2.84% increase.

Daily Markets Briefing: STI up 0.34%; CapitaLand Investment is top stock

CapitaLand Investment led the gains amongst top active stocks with a 0.94% expansion.

Ascendas REIT, Ascott Residence Trust, Ascendas India revise names 

The names of their managers were also changed.   The names of property firms, Ascendas Real Estate Investment Trust (Reit), Ascott Residence Trust (ART), and Ascendas India Trust, were modified as well as their managers. 

How will Ascendas Reit mitigate rising interest rates? analyst explains

Its metrics are in the right direction and will outpace rising costs.

Ascendas REIT to acquire cold storage facility at 1 Buroh Lane for $191.9m

The acquisition will be funded through internal resources and/or existing debt facilities.

Market update: STI up 0.37%

ThaiBev had the most growth for the day.

Ascendas REIT to acquire Philips APAC Center for $104.8m

More than two-thirds of the property’s gross floor area will be leased to Philipps.

Ascendas REIT’s net income increase 7% YoY to $476.9m in H1 22

The increase was driven by contributions from its newly acquired properties.

Market update: STI up 0.32%

CapitaLand Integrated Commercial Trust was on top of the index.   The Straits Times Index closed at 3,190.49, up 0.32%, on Tuesday, 26 July 2022.

Market update: STI down 0.69%

Mapletree Logistics Trust and CapitaLand Integrated Commercial Trust were at the top.

Market update: STI up 0.84%

Two of Singapore's biggest banks topped the index.

Market update: STI down 0.06%

The trading week at 3,100.43.

Market update: STI down at 0.15%

Yangzijiang Shipbuilding posted the highest growth.